Cimpress (NASDAQ:CMPR – Get Free Report) announced its quarterly earnings results on Wednesday. The business services provider reported ($0.15) earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.29), Zacks reports. Cimpress had a negative return on equity of 14.67% and a net margin of 2.69%. The business had revenue of $780.59 million during the quarter, compared to the consensus estimate of $782.65 million. During the same quarter in the prior year, the firm posted ($0.97) EPS. Cimpress updated its FY 2024 guidance to EPS.
Cimpress Stock Up 0.6 %
NASDAQ CMPR opened at $83.09 on Friday. The company has a fifty day moving average of $90.96 and a two-hundred day moving average of $80.38. The firm has a market capitalization of $2.21 billion, a price-to-earnings ratio of 25.65, a PEG ratio of 1.09 and a beta of 1.94. Cimpress has a 52 week low of $42.84 and a 52 week high of $100.01.
Insiders Place Their Bets
In other Cimpress news, EVP Maarten Wensveen sold 1,651 shares of Cimpress stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $90.00, for a total transaction of $148,590.00. Following the completion of the transaction, the executive vice president now directly owns 10,779 shares of the company’s stock, valued at $970,110. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, CEO Florian Baumgartner sold 3,410 shares of the business’s stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $84.83, for a total transaction of $289,270.30. Following the completion of the sale, the chief executive officer now directly owns 29,804 shares of the company’s stock, valued at $2,528,273.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Maarten Wensveen sold 1,651 shares of the company’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $90.00, for a total transaction of $148,590.00. Following the completion of the transaction, the executive vice president now owns 10,779 shares in the company, valued at $970,110. The disclosure for this sale can be found here. Insiders sold 25,292 shares of company stock valued at $2,319,309 over the last three months. 17.90% of the stock is owned by company insiders.
Analyst Ratings Changes
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Cimpress Company Profile
Cimpress plc provides various mass customization of printing and related products in North America, Europe, and internationally. The company operates through five segments: Vista, PrintBrothers, The Print Group, National Pen, and All Other Businesses. It offers printed and digital marketing products; internet-based canvas-print wall décor, business signage, and other printed products; business cards; and marketing materials, such as flyers and postcards, digital and marketing services, writing instruments, decorated apparel, promotional products and gifts, packaging, design services, textiles, and magazines and catalogs.
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